5918 S Grand Lodge PlSioux FallsSD57108
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Sioux Falls at 5918 S Grand Lodge Pl, Sioux Falls, SD, 57108 offers $3,196/mo rent that, after a $2,006/mo payment, leaves $606/mo cash flow. Total monthly income is $3,196/mo, and annual cash flow is $7,271/yr on $135,882 cash. Return on cash invested measures 25.26% in year one, and rental yield stands at 9.36% at a $409,900 entry. Equity gained on principal adds $2,645/yr while 5% annual appreciation compounds into $113,248 by year five. Five-year ROI records 131.69% and total cumulative return in cash reaches $178,948. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,196/mo property income versus a $2,006/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57108, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,645 (100%) |
| Owner Occupied HU | 9,045 (54.3%) |
| Renter Occupied HU | 6,307 (37.9%) |
| Vacant Housing Units | 1,293 ( 7.8%) |
| Median Home Value | $421,744 |
| Average Home Value | $525,253 |
Housing Distribution
Address Breakdown
Residential
16,408
Single Family
13,944
Multi-Family
2,464
Businesses
1,036
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Listed by: Brent Baker • eXp Realty
Mls Name: East Central South Dakota BOR
Mls ID: #25-649